NorthTech, a property of AIMS AMP Capital Industrial REIT (Photo: AIMS AMP Capital Industrial REIT)

AIMS AMP Capital Industrial REIT will carry out a refurbishment of its property at 29 Woodlands Industrial Park E as part of a strategy to enhance its portfolio.

The property, which is also referred to as NorthTech, is a four-storey light industrial building with a basement carpark.

As at 30 June 2018, NorthTech is fully occupied with a weighted average lease expiry (WALE) of 3.3 years.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.